أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Explain how these figures will be reported in consolidated financial statement of H Limited and S Limited respectively.
On Consolidation the profit that H made on the remaining inventory would be eliminated
Sales value increase100,000
Balance of customers Increases100,000
Inventory decreases by100,000 - profit
The value of purchases increase100,000
Balance of Increases100,000 creditors
Inventory Increases bb50000
Sales value increase50,000 + profit